What is the fate of Libra?

Answer 1

The fate of Libra, the cryptocurrency originally proposed by Facebook, has evolved significantly since its inception. After facing regulatory scrutiny and pushback from various governments, the project was rebranded as Diem and shifted its focus toward stablecoin development. However, ongoing challenges, including regulatory hurdles and internal management issues, have led to uncertainty about its long-term viability. As of now, the future of Libra/Diem remains uncertain, with many speculating on its potential to launch or be absorbed into other financial systems.